Answer:
$32.000 - is the cost of goods available for sale
$313.000 . is the cost of goods sold
Explanation:
The cost of goods available for sale it's the ending finished goods inventory, because at the beginning of the next period is the inventory that the company have for sale.
Regarding to the cost of goods sold we need the initial inventory and then sum the cost of goods manufactured during the year, once the total it's calculated we only need to deduct the inventory at the end of the next year and than we have the cost of goods sold.
Please see details below:
Cost of goods available for sale: $32.000
Cost of goods sale: $313.000 --> $25.000 + $320.000 - $32.000
